The Graph technical analysis: Downward price move amid persistent seller pressure

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The Graph slides 7.14% today

Highlights

GRT/USD trades below key moving averages on all timeframes, confirming sustained bearish momentum.
Negative MACD, ADX, and oscillators confirm strong selling pressure, with price falling 7.14% to $0.01742 and volatile intraday lows.
Price is expected to consolidate between $0.01667539 and $0.01881 over the next 2 to 3 days unless support breaks or resistance at $0.01806 is exceeded.

Sustained weakness while negative momentum and oversold signals diverge

On the technical side, GRT/USD continues to trade below the MA-20 and MA-50 on the hourly chart, and remains underneath the long-term MA-200 on the daily timeframe. The Ichimoku Kijun serves as immediate resistance at $0.01806. Momentum indicators are skewed negative, with both MACD and ADX signaling ongoing weakness, while the Awesome Oscillator also points lower. Bull/Bear Power is negative, reinforcing dominance by sellers in the current session. RSI and Stoch RSI are neutral, but CCI is oversold, indicating a divergence among oscillators and suggesting that further downside may be less orderly amid persistent selling pressure.

Bearish continuation risk as consolidation defines short-term outlook

For the next 2–3 trading days, GRT is expected to consolidate within the $0.01667539 to $0.01881 band, reflecting typical volatility at these levels. The probability of continued downward movement is high, with limited prospects for a rebound unless the price can clear the immediate $0.01806 resistance. A sustained move below the lower boundary would indicate a break of support and continuation of the bearish scenario.

Anton Kharitonov, expert at Traders Union, views the current setup for The Graph (GRT) as technically vulnerable. He notes persistent weakness below all key moving averages and a lack of positive momentum, with sellers firmly in control. Kharitonov sees little reason for optimism until the price can reclaim $0.01806 and cautions that further downside is likely if support fails. "Base case remains bearish — I stay defensive while GRT trades under resistance."

Earlier, analysts noted that The Graph was under sustained downside pressure with little evidence of an imminent reversal. The ongoing slide below key moving averages and persistent negative momentum in the current session strengthen the bearish scenario, with traders advised to closely monitor price action at the lower end of the consolidation range for signs of further breakdown.

Source of Data: GRT Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.